Greece plans to acquire arms, boost its armed forces and revamp its defense industry, the government's spokesman said on Monday, as tensions with NATO ally Turkey over energy resources in the eastern Mediterranean grow.
Greece, which emerged from its third international bailout in 2018 and has been struggling with the economic impact of the coronavirus crisis, wants to spend part of its multi-billion-euro cash reserves on its defense sector.
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"We are in talks with allies to boost our armed forces," government spokesman Stelios Petsas told reporters, adding that Prime Minister Kyriakos Mitsotakis will outline his plans during an annual economic policy speech on Saturday.
